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I am from a middle-class family and will the bank finance me 25 lakhs or whatever be the fees structure for IIM A, B, C or SNAP, NMAT, XAT?
Asked by Rohan Raj Nonia
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2 Answers
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Yes, bank will definitely finance the loan. There is generally no issue wrt loans.
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IIMs aspires to give the opportunity to pursue its programs (PGP & PGP-FABM) to all eligible applicants who are in need of financial assistance. Keeping this in mind, IIMs has instituted a Need-Based Scholarship Scheme to complement the various scholarships provided by the industry and government. Every year many students are provided substantial financial support under the scheme. The scholarship amount is decided on the basis of several criteria such as annual gross family income, ownership of assets, and the number of dependents in the family. The applications for these scholarships are invited every year in the month of July/August...more
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